Gold edges lower ahead of Fed decision on interest rates

July 29 : Gold prices inched lower on Wednesday as the dollar held firm and market participants awaited the Federal Reserve's policy decision for clues on inflation and the path of U.S. interest rates.FUNDAMENTALS* Spot gold fell 0.1 per cent to $4,021.87 per ounce by 0052 GMT. U.S. gold futures for August delivery los

The Bank of England will decide whether to increase the base rate on Thursday, in a move that could influence how banks price their mortgages.

Gold declined ahead of a potentially divisive decision on US interest rates later this week, while a fragile pause in Middle East hostilities soothed inflation fears. Bullion fell as much as 1 percent to trade near $4,040 an ounce, erasing a modest gain in the previous session. Traders are positioning themselves for th

Trump says Fed should lower interest rates  Reuters

Global oil prices are hovering around $90 per barrel as the U.S.-Iran conflict remains volatile. Meanwhile, the Federal Reserve is set to make an interest rate decision on Wednesday. Madison Mills, a senior AI reporter for Axios, joins with more.

The 364-day bill was once again the most subscribed bill as GH¢8.1 billion of the bids were tendered, representing 65.5% of the total bids. The uptake was, however, GH¢7.8 billion.